Cascade Christian Home Inc

Analysis

Cascade Christian Home Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cascade Christian Home Inc reported income of $264k and spending of $288k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $242k to $264k (+9.1%), an average of +2.2% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cascade Christian Home Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Edith B Ford Memorial Library ($264k), Desert View Christian Science Care ($264k) and Life Ministries Inc ($264k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$210k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.